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1,878 hedge funds and large institutions have $35.8B invested in 3M in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 654 increasing their positions, 854 reducing their positions, and 175 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

0.45% more ownership

Funds ownership: 78.77%79.22% (+0.45%)

4% less funds holding

Funds holding: 1,9531,878 (-75)

6% less capital invested

Capital invested by funds: $38.1B → $35.8B (-$2.24B)

21% less call options, than puts

Call options by funds: $924M | Put options by funds: $1.18B

23% less repeat investments, than reductions

Existing positions increased: 654 | Existing positions reduced: 854

35% less first-time investments, than exits

New positions opened: 113 | Existing positions closed: 175

Holders
1,878
Holders Change
-75
Holders Change %
-3.84%
% of All Funds
29.48%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.31%
New
113
Increased
654
Reduced
854
Closed
175
Calls
$924M
Puts
$1.18B
Net Calls
-$252M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
SIAG
1501
Safeguard Investment Advisory Group
California
$251K -$18.6K -219 -7%
TAM
1502
Taurus Asset Management
New York
$251K -$5.01K -59 -2%
SSWG
1503
Seven Springs Wealth Group
Tennessee
$250K -$25K -294 -9%
OBGC
1504
O'Brien Greene & Co
Pennsylvania
$250K -$414K -4,870 -62%
BSA
1505
Bull Street Advisors
Georgia
$250K +$10.1K +119 +4%
HTHT
1506
Hemenway Trust Hemenway Trust
New Hampshire
$250K -$2.55K -30 -1%
NSB
1507
Norway Savings Bank
Maine
$249K -$138K -1,630 -35%
LG
1508
LaFleur & Godfrey
Michigan
$248K -$787K -9,261 -76%
EP
1509
Eudaimonia Partners
Tennessee
$248K +$19.2K +226 +8%
CWC
1510
Carolinas Wealth Consulting
North Carolina
$247K -$10.3K -121 -0.7%
FFA
1511
Fragasso Financial Advisors
Pennsylvania
$246K +$11.1K +131 +5%
GWCM
1512
Godshalk Welsh Capital Management
Pennsylvania
$246K
OF
1513
Outfitter Financial
Maine
$246K -$2.89K -34 -1%
GAG
1514
GM Advisory Group
New York
$246K -$21.6K -254 -8%
DWM
1515
Dorchester Wealth Management
Quebec, Canada
$244K -$47.7K -562 -16%
SOS
1516
Silver Oak Securities
Tennessee
$244K +$14.3K +168 +6%
NC
1517
NBW Capital
Massachusetts
$243K +$246K +2,898 New
NAS
1518
Nicolet Advisory Services
Wisconsin
$242K +$255K +3,004 New
HBT
1519
Hills Bank & Trust
Iowa
$242K -$61.5K -724 -20%
MA
1520
MBA Advisors
Pennsylvania
$241K -$124K -1,457 -34%
HCM
1521
Hall Capital Management
Rhode Island
$240K
Kayne Anderson Rudnick Investment Management
1522
Kayne Anderson Rudnick Investment Management
California
$240K
VAM
1523
Verity Asset Management
North Carolina
$240K -$28.1K -331 -10%
RA
1524
Rise Advisors
New York
$240K +$13.8K +163 +6%
MMPW
1525
Mitchell McLeod Pugh & Williams
Alabama
$240K +$170 +2 +0.1%

MMM Hedge Fund Activity: Q2 2023 in Review

1,878 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2023, worth a combined $35.8B — down 5.9% from $38.1B a quarter earlier.

Sellers outnumbered buyers: 175 funds closed out of MMM and 113 opened new positions — a net loss of 62 holders — while 854 trimmed existing stakes and 654 added.

The largest buyer was EP Wealth Advisors, adding an estimated $659M. The largest seller was Fisher Asset Management, cutting an estimated $402M.

  • 1,878 institutional investors held 3M (MMM) as of Q2 2023, down from 1,953 in Q1 2023.
  • Funds reported $35.8B of 3M stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 113 funds opened new 3M positions in Q2 2023 and 175 closed out, a net change of -62 holders.
  • The largest 3M buyer in Q2 2023 was EP Wealth Advisors, an estimated $659M added.
  • The largest 3M seller in Q2 2023 was Fisher Asset Management, an estimated $402M sold.

Based on aggregated 13F filings for Q2 2023.